“It was truly a win-win situation as output increased and employees had more flexibility with their work-life balance,” Tammy Polk, former chief human resources officer at Formstack, told Forbes. “Employees also enjoyed sharing how they spent their half days on Slack and social media, which strengthened our remote company culture even further.”
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Watch: How the US-Israel war with Iran is jeopardising shipping
A prolonged pause to shipments would shock the global economy. Last summer, after a brief conflict also involving the U.S., Israel, and Iran threatened to shut the strait down, the Oxford Institute for Energy Studies modeled the impact of a potential closure lasting more than a year, finding that 15% of global liquefied natural gas supply would be wiped out, with Europe, China, India, and Japan hit the hardest in terms of lost imports.